Tutor Perini enters severance agreements with three named executives providing 150% of base+bonus

TUTOR PERINI CORP

Agreements with Ghassan Ariqat (EVP Building/Specialty), Kristiyan Assouri (EVP, Chief Legal Officer), and Ryan Soroka (EVP/CFO).
On termination without cause or for good reason: severance = 150% of base salary plus target bonus, pro-rata bonus, full equity vesting.
If termination occurs within 2 years after a change in control, severance multiplier rises to 200% of base salary plus target bonus.
Death or disability triggers pro-rata bonus and full equity vesting; options remain exercisable until max expiration.
Severance payments conditioned on execution and non-revocation of a general release of claims.

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